Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
AdaniConneX Parter To Build Sustainability-Linked Data Centers Updated On Mon, Apr 29th, 2024 by Saurenergy AdaniConneX, a joint venture (JV) between Adani Enterprises and EdgeConneX, established sustainability-linked financing to raise to USD 1.44 billion. The financing has an initial commitment of USD 875 million, with the feature to extend the commitment up to USD 1.44 billion. This transaction can help elevate AdaniConneX’s construction financing pool to USD 1.65 billion and […] Read more
Australian Government Invests $1 Billion For Solar Sunshot Program Updated On Thu, Mar 28th, 2024 by Saurenergy A joint media release by Anthony Albanese Member of Parliament (MP), and the Prime Minister of Australia shared the Albanese government’s $1 billion investment in the Solar Sunshot programme in Australia. The minister said, “Solar Sunshot will help Australia capture more of the global solar manufacturing supply chain through support, including production subsidies and grants. […] Read more
Director (Power System) Updated On Fri, Jan 12th, 2024 by Saurenergy I. COMPANY PROFILE:- Solar Energy Corporation of India (hereinafter referred to as SECI) is a schedule ‘A’ CPSE under the Administrative jurisdiction of Ministry of New & Renewable Energy. SECI is the only CPSE exclusively dedicated to the development of the Renewable Energy sector in India and its scope of activities covers all renewable energy […] Read more
Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF Updated On Tue, Nov 28th, 2023 by Saurenergy A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […] Read more
Australia’s Iron Ore Industry Faces Challenges in Decarbonizing Steel Updated On Fri, Sep 1st, 2023 by Saurenergy A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that Australia’s iron ore industry is at risk of losing ground to other countries as they move to meet growing global demand for green iron. The report states that the quality of the ore from Australia’s primary iron ore-producing region, the Pilbara, mainly […] Read more
NTPC Allocates India’s Largest Contract for Alkaline Electrolysers to Hild Electric Updated On Wed, Jul 12th, 2023 by Saurenergy Energy conglomerate, NTPC has awarded India’s largest contract for alkaline electrolysers to Hild Electric Private Limited, a Chennai-based firm that delves into the manufacture and deployment of electrolysers. The contract will pave the path for Hild Electric to supply Alkaline electrolyser technology to NTPC Renewable Energy Limited (REL). Under the partnership, the advanced electrolyser systems […] Read more
Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia Updated On Tue, Jun 27th, 2023 by Saurenergy China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more